The Platinum Standard

Offering a unique combination of evaluation and outlook on upcoming trends in the PGM industry, “The Platinum Standard" includes analytical commentary from industry-expert authors on those issues we believe will set the PGM agenda for the year ahead. The report is published for the ninth time in 2026 in collaboration with SFA (Oxford), a world-renowned authority on platinum group metals. This publication covers the latest supply and demand data across the platinum group metals, as well as price forecasts to the end of the year.

The Platinum Standard 2026

This year’s version of The Platinum Standard covers the following topics:

  • 2025 was a highly volatile year for PGM markets, driven by geopolitics, tariffs, and stock movements, pushing platinum to a record high. 
  • Market instability continued into early 2026, with price swings and new risks from conflict in the Middle East. 
  • Ongoing geopolitical tensions are increasing economic uncertainty, especially in energy and commodity markets. 
  • Disruptions such as potential closure of the Strait of Hormuz could significantly impact global supply flows for the rest of 2026.
Download The Platinum Standard Report 2026
The Platinum Standard 2026